Are you in need of quick financial assistance without the hassle of collateral? Look no further! We've compiled a list of the top 20 websites and mobile apps in Nigeria that offer quick loans to individuals and small businesses. Discover the convenience of accessing funds swiftly with these platforms:

1. Branch:

• Loan Range: ?2,000 to ?500,000
• Loan Terms: 1 – 12 weeks
• Interest Rates: 17% – 40%
• No collateral required

2. Carbon:

• Loan Amount: Up to ?500,000
• Receive funds within 1 – 3 business days
• No collateral required
• On-time repayments may lead to higher credit limits

3. Umba:

• Simplifies payroll operations
• Ensures timely payments
• Facilitates compliance with ease

4. QuickCheck

• Modern lending platform for individuals and small businesses
• Loans up to ?30,000 without collateral
• Duration options: 15 or 30 days

5. Aella Credit

• Focuses on employee lending and empowerment
• Affiliated with major credit bureaus in Nigeria
• Uses a proprietary credit scoring algorithm

6. FairMoney Microfinance Bank

• Most downloaded fintech app in Nigeria
• Over 10,000 daily loan disbursements
• Offers banking, savings, and investment services

7. EaseMoni:

• Loan Amount: NGN 3,000 to NGN 1,000,000
• Tenure: 91 days to 365 days
• Interest Rate: 5% to 10% monthly
• APR: 60% - 120%

8. Lendigo:

• Nigeria’s #1 Loan App for Small Businesses
• Fast and flexible access to working capital
• Low-interest rates

9. Money in Minutes:

• Provides quick and affordable finance
• Membership for ambitious citizens
• Supports urgent financial needs

10. EasyBuy:

• Mobile installment business covering 2,000+ stores
• Supports all mobile phone models
• Launched financial services for a new mobile experience

11. Sycamore:

• Offers quick loans, investment, lending, bill payment, and transfers
• Provides a range of exciting financial products

12. Alat:

• Access to various financial services
• Check account balance, transfer funds, pay bills, and more
• User-friendly app for quick money management

13. PayHippo:

• Streamlined access to working capital for businesses
• Easy application process with low-interest rates

14. GroFin:

• Provides SME finance/business loans across Africa & the Middle East
• Business loans between US$100,000 and US$1.5 million

15. SMEDAN:

• Government-backed initiative offering quick business loans
• Promotes entrepreneurship and provides capital to start businesses

16. LYDIA.CO:

• Online platform providing businesses access to finance
• Offers unsecured loans of $500 to $15,000

17. ZEDVANCE:

• Consumer finance company offering consumer credit
• Borrow up to 3 Million Naira in less than 24 hours

18. KIAKIA.CO:

• Digital money lender for Nigerian businesses
• Utilizes psychometry, big data, and machine learning for credit scoring

19. ONE-FI:

• Formerly known as One Credit
• Offers short-term consumer loans to credit-worthy individuals

20. C24:

• Microfinance institutions providing quick cash loans
• Optimized online loan process for quick approvals

21. SPECTA:

• Online lending platform offering loans up to 5 Million in 5 minutes
• No collateral, no paperwork, and no office visit required
• Two loan products: MySpecta for individuals and Specta4Business for corporates